American Express executives wish to know if there is an association between credit card balance carried and the number of credit cards owned. This is an example of:
A) summarizing
B) generalizing
C) comparing
D) relating
E) type II error
D
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Confidence intervals may be very narrow when:
A) the sample size is large and variability is low B) the sample size is small and the variability is low C) the sample size is large and the variability is high D) the sample size is small and the variability is high E) the sample size is average and the variability is higher than average
If a follower would like to see a certain type of behavior from his or her leader (that the leader is not exhibiting), then the follower should ______.
a. come right out and ask the leader for it b. manage up by role modeling such behavior c. manage sideways by role modeling that behavior to his or her peers d. “blow the whistle” on that leader
Assume that Bubba orders 15 cases of BBQ chips from Mays Potato Chips for his restaurant, Bubba's BBQ. Mays ships 15 cases of regular chips by mistake. If Bubba decides to keep the regular chips, in spite of the nonconformity with the contract, then the destruction of the chips when a water pipe breaks in the food storage room will result in:
a. Mays' having to bear the loss, because it shipped nonconforming goods to Bubba. b. Mays' having to bear the loss, because it failed to insure the chips. c. Bubba's having to bear the loss, because he accepted delivery of the nonconforming chips. d. Bubba's having to bear the loss, because it was a sale on approval contract.
Fixed cost per unit is assumed to be constant within a particular relevant range of activity
Indicate whether the statement is true or false